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Market Wrap for Friday, May 24: Stocks Close Week Near Unchanged Mark
Friday, May 24, 2013 - 4:20pm
A day after a sell-off hit much of the world, but spared the United States, the U.S. market was essentially flat on the last trading session of the week. Although there are signs that a pullback may be imminent, investors continue to pour money into U.S. stocks on expectations that the bull...
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A Peek Into The Market Before The Trading Starts
Friday, May 24, 2013 - 7:16am
Pre-open movers US stock futures are lower this morning, as investors are awaiting durable-goods orders data. Futures for the Dow Jones Industrial Average tumbled 40 points to 15,249.00 and S&P 500 index futures fell 6.50 points to 1,643.50. Nasdaq 100 futures dropped 13 points to 2,979.25. A...
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Friday, May 24, 2013 - 6:03am
Benzinga Market Primer: Friday May 24
The buy on the dip mentality seems to be alive and well in this market as the Dow erased a loss of more than 120 points to end close to flat on the day. Let’s not forget that this is a market that found a way to attract buyers on a day when the Nikkei was down more than 7 percent and took most of...
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US Stock Futures Down Ahead Of Durable-Goods Orders Data
Friday, May 24, 2013 - 5:57amUS stock futures are lower this morning, as investors are awaiting durable-goods orders data. Futures for the Dow Jones Industrial Average tumbled 30 points to 15,259.00 and S&P 500 index futures fell 5 points to 1,645.00. Nasdaq 100 futures dropped 6.50 points to 2,985.75. US stocks closed...
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Thursday, May 23, 2013 - 4:30pm
Market Wrap for Thursday, May 23: Wall Street Shrugs Off Global Slump
Thursday's trading session may have been the most glaring example of just how powerful the bull market in U.S. stocks is right now. Even though all of the major averages closed slightly lower on the day, the U.S. market was able to shrug off a global rout in stock prices that began with a 7.3...
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Thursday, May 23, 2013 - 8:58am
Nikkei Plunge Causes Fall in Global Markets
According to Bloomberg, Japan's Topix Index (TPX) fell by 6.9 percent, adding to fears that extreme volatility is back in the markets. The Hang Seng was down 2.54 percent and Europe's FTSE 100 index dropped 1.76 percent. The yen gained momentum, increasing 1.41 percent to 101.69 against the...
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A Peek Into The Market Before The Trading Starts
Thursday, May 23, 2013 - 7:23am
Pre-open movers US stock futures are lower this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average tumbled 88 points to 15,232.00 and S&P 500 index futures fell 11.90 points to 1,643.70. Nasdaq 100 futures dropped 21.75 points to 2,979.25. A Peek...
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Thursday, May 23, 2013 - 6:06am
Benzinga Market Primer: Thursday May 23
Things went from euphoric to worrisome on Wednesday as the Dow saw a 200 point swing. Technicians note that the charts show an outside reversal. In other words—cause for concern. There is a global selloff taking place this morning with the Dow poised to print a triple digit loss at the open....
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US Stock Futures Down Ahead Of Economic Data
Thursday, May 23, 2013 - 6:06amUS stock futures are lower this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average tumbled 136 points to 15,184.00 and S&P 500 index futures fell 18.30 points to 1,637.30. Nasdaq 100 futures dropped 32.50 points to 2,968.50. US stocks closed lower on...
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Wednesday, May 22, 2013 - 4:19pm
Market Wrap for Wednesday, May 22: Stocks Pullback As Bernanke Says Bond Buying Could Slow
In Congressional testimony on Wednesday, Federal Reserve Chairman Ben Bernanke said that the central bank could begin winding down its $85 billion-per-month bond-buying program at one of its "next few meetings." Minutes from the May FOMC meeting, however, showed that there is no consensus about...
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